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Microsoft Q2, FY23, Revenue $52.7bln, Up 2pct, Net Income $16.4bln

         

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9:36 pm on Jan 24, 2023 (gmt 0)

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Microsoft
Microsoft has reported its Q2 for the financial year of 2023, and the revenue was $52.7 billion, up 2% year-on-year, with an operating income of $16.4 billion, up 12%.
“The next major wave of computing is being born, as the Microsoft Cloud turns the world’s most advanced AI models into a new computing platform,” said Satya Nadella, chairman and chief executive officer of Microsoft. “We are committed to helping our customers use our platforms and tools to do more with less today and innovate for the future in the new era of AI.”

“We are focused on operational excellence as we continue to invest to drive growth. Microsoft Cloud revenue was $27.1 billion, up 22% (up 29% in constant currency) year-over-year as our commercial offerings continue to drive value for our customers,” said Amy Hood, executive vice president and chief financial officer of Microsoft.

[microsoft.com...]